Providing business critical diagnostics is the last stage of Forecast Process Improvement and brings the highest value to the organization. The key to Improving Diagnostics is to identify and quantify the opportunities & threats faced by the business in order to determine if some kind of action is required.
Many of the steps to achieving FPI are currently being implemented by many organizations, just at a reduced level of understanding and efficiency.
Our experience when discussing Diagnostics with clients, however, is much different. Many organizations are missing this last piece of the puzzle entirely. This is typically due to the fact that achieving Diagnostic Insights requires a combination of many of the other processes (collaboration, productivity, etc…).
Enterprise Forecast Process Improvement allows: